Intercreditor Agreement definition
Examples of Intercreditor Agreement in a sentence
As used herein, the following terms have the meanings set forth below: ABL Priority Collateral: as defined in the Intercreditor Agreement.
In the event of a conflict between this Agreement or any other Loan Document and the Intercreditor Agreement, the Intercreditor Agreement will control.
The execution and delivery of this Agreement will not violate any law or agreement governing Debtor or to which Debtor is a party, particularly the Intercreditor Agreement, and its articles and bylaws do not prohibit any term or condition of this Agreement.
Each Lender authorizes and directs each Appointed Agent to enter into the other Loan Documents, including any Intercreditor Agreement, for the ratable benefit and obligation of the Appointed Agents and the Lenders.
Each of the Lenders hereby acknowledges that it has received and reviewed the Intercreditor Agreement and agrees to be bound by the terms thereof as if such Lender was a signatory thereto.